Word: recessional
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Dates: during 1930-1939
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In dealing with the current Recession, a less confident executive than. Franklin Roosevelt might have made the tactical blunder of adopting the attitude of most business that it was: 1) unforeseen and 2) thoroughly alarming. Equipped with a temperament to which crises are almost a necessity, Franklin Roosevelt did nothing...
Summoned to the White House one day last week was Floyd Leslie Carlisle, chairman of not one but two of the country's great utility companies, Consolidated Edison and Niagara Hudson Power. President Roosevelt is not on intimate terms with any powermen but Mr. Carlisle's and the...
Fact was that, in spite of his vague offers of truce and invitations to Messrs. Carlisle & Willkie, so far President Roosevelt had not even hinted a willingness to compromise his power policies on any ground acceptable to private powermen. And in the opinion of Washington ob- servers he was not...
When Congress convened in Extraordinary Session last fortnight, extraordinary tasks confronted it: the President's four-point legislative program, to which Recession had added the pressing problem of tax revision. When Congress completed its second week of the Special Session, its task was still just as formidable as it...
In his message to Congress when it convened three weeks ago, Franklin Roosevelt promised soon to deliver another, discussing means of ending the current Recession. Last week he did so. Read to both Houses while the President was embarking on a fishing trip, the second message to the extra session...